Aptus Value Housing IPO Listing

No image 11th December 2022 - 06:48 pm
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On 24th August, Aptus Value Housing listed at a discount of -5.67%, but the stock managed to recoup losses by close. Both the NSE and BSE are showing positive returns on Aptus Value Housing but that is misleading because the exchanges consider returns from the opening price. Compared to the IPO price, the stock closed lower. 

The overall subscription of 17.20X in the August, Aptus Value Housing IPO was largely supported by HNI subscription at 33.91X and QIB subscription at 32.41X, even as retail participation was just 1.35X. Here is the Aptus Value Housing listing story on 24th August.

The IPO price was fixed at the upper end of the band at Rs.353 after a decent response at 17.20X subscription. On 24th Aug, the stock of Aptus Value Housing listed on the NSE at a price of Rs.333, a discount of -5.67% on the issue price. On the BSE, the stock is listed at a price of Rs.329.95, representing a listing discount of -6.53%.

On the NSE, Aptus Value Housing bounced back to close at Rs.352, just Rs.1 below the issue price. On the BSE, the stock closed at Rs.346.50, a first-day closing discount of -1.84% on the issue price. Interestingly, BSE has displayed returns on opening price and issue price.

On Day-1 of listing, Aptus Value Housing touched a high of Rs.354.80 on the NSE and a low of Rs.333. The stock traded a total of 325.81 lakh shares on NSE amounting to the value of Rs.1,120.31 crore.  In terms of traded value, Aptus Value Housing was the seventh most traded stock on NSE.

On the BSE, Aptus Value Housing touched a high of Rs.354.60 and a low of Rs.329.95. On BSE, the stock traded a total of 16.21 lakh shares amounting to the value of Rs.55.98 crore. At the close of Day-1, Aptus Value Housing had a market capitalization of Rs.17,172 crore with a free-float market cap of just Rs.1,889 crore.

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